Publications & Research :: Policy Research Working Paper
World Bank, Washington, D.C.
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49
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Journal article
This paper estimates national economic parameters to be used for project appraisal in Namibia. The shadow prices of capital, labour, and foreign exchange are derived. The results suggest that the economic opportunity cost of capital is 7.2%. The economic costs of Namibian labour as a share of financial costs are 32% for urban semi-skilled and unskilled labour, and ...
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Journal article
This paper estimates national economic parameters to be used for project appraisal in Namibia. The shadow prices of capital, labour, and foreign exchange are derived. The results suggest that the economic opportunity cost of capital is 7.2%. The economic costs of Namibian labour as a share of financial costs are 32% for urban semi-skilled and unskilled labour, and ...
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9
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